Explore our Plan
- Regulating and reforming the consulting sector
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The Big Four consulting firms—PwC, KPMG, EY, and Deloitte—have an outsized influence on Australia's economy and government.
Labor and the Liberals have allowed this dominance to grow unchecked, giving these firms lucrative contracts while failing to address their conflicts of interest and lack of transparency.
The Greens are committed to ending this cosy relationship between major parties and big consulting firms.
The Greens' plan:
- Cap accounting firm partnerships at 100 members to break up monopolistic practices and foster greater competition and transparency in the industry.
- Require consulting firms to provide either audit or non-audit services to clients, eliminating conflicts of interest and ensuring higher audit quality and public trust.
- Establish an independent consulting regulator to enforce ethical standards, maintain a professional register, and impose penalties for misconduct, strengthening oversight and accountability in the sector.
More information on this policy initiative will be released soon.